When I only had 120 yuan left, I decided to try the contract market. To be honest, this amount of money is hardly worth mentioning in the eyes of many people. But I just wanted to see if I could find a way out with this "small change."
Today is not about stories of getting rich overnight; I just want to share how an ordinary trader gradually operated and eventually turned this 120 into 1 million. Basically, I used the most straightforward method to record those key turning points.
**The Four Initial Bottom Lines**
At the beginning, I realized that for small funds to survive, mindset is the first hurdle. So I set a few strict rules for myself:
Only trade BTC — the market cap is large enough, and the trend is relatively stable. With this small amount of money, opening and closing positions won't affect the price. Altcoins are too volatile; a slight mistake could wipe me out.
Leverage capped at 20x — I previously tried 100x, and when the price moved just 0.5%, my heart started pounding. I couldn't hold the position. The 20x leverage is just right; it can amplify gains without risking liquidation from small fluctuations.
Use only half of the capital each time — with 120 yuan, I only risk 60 yuan per trade, keeping the remaining 60 yuan aside. This is a risk management technique I learned after experiencing several margin calls.
Strictly enforce take profit and stop loss — take profit at 10%, cut losses at 5%. Trade at most twice a day, and regardless of profit or loss, stop trading. It seems simple, but this is the real skill in fighting greed and fear.
The first trade earned 6 yuan, the second broke even. I didn't get greedy and add to winning positions, nor did I regret not making more profit. Like a little squirrel storing food, I accumulated slowly.
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NotFinancialAdvice
· 01-10 17:37
120 bucks to 1 million? This story sounds... indeed a bit unrealistic, but I respect this mindset. 20x leverage + strict take profit and stop loss, this is truly the way for small funds. The key is whether you can really withstand the psychological barrier.
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SigmaValidator
· 01-09 14:53
From 120 to 1 million? Sounds pretty unbelievable, but this rule does have some merit, especially the approach of only using half of the principal... I was too greedy before, going all in at once and ending up with a complete wipeout.
This discipline really is the key; most people fail not because of their strategy but because of their mindset.
Wait, 20x leverage to grow from 120 to 1 million? How many times would that need to happen in between? The probability doesn't seem quite right.
I really respect this steady approach; it's much more reliable than those who boast about getting rich overnight every day.
By the way, does anyone really stick to only two trades a day... I can't even stop looking at the one-minute chart.
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AlwaysAnon
· 01-08 08:03
Bro, why does this story sound so familiar... 120 bucks turns into 1 million, I feel like I've seen this script several times before.
Using 20x leverage is indeed smart, but honestly, very few people strictly follow these rules. Just look at social media circles to know.
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GasFeeCrier
· 01-08 07:42
Alright, starting with 120 bucks and turning it into 1 million. It sounds easy, but in reality, it's truly hellish difficulty to do.
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Another story of turning 120 bucks around. Why do I always feel this methodology is not much different from gambling?
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Leverage of 20x is tightly controlled, I like that. Much more rational than those crazy 100x leverage players.
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Using only half of the principal each time is a good move, but the key is that you can't control yourself when your mentality collapses.
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Run at 10%, cut at 5%. Sounds nice, but who can really do that in practice?
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The squirrel analogy about storing food is brilliant, but the market gives you a liquidation speed that’s a hundred times faster than stockpiling food.
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Haven't finished reading the continuation, but I feel that's the turning point of the story.
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I agree with only trading BTC. Altcoins are indeed just copy-paste tools for harvesting new investors.
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Basically, survival comes first, making money second. This mindset is quite correct.
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GhostInTheChain
· 01-08 07:39
You liquidated 120 times before you figured it out? Sounds like another hindsight story. How come I feel like there are N corpses buried before this methodology...
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DogeBachelor
· 01-08 07:37
Starting from 120 and rolling to 1 million? Brother, how long does this pace take? Probably a few years, not many people can be patient enough.
But strict take-profit and stop-loss are really commendable. Most people get killed by greed. Your discipline is undeniable.
20x leverage is also okay, much better than those who go all-in with 100x every day.
When I only had 120 yuan left, I decided to try the contract market. To be honest, this amount of money is hardly worth mentioning in the eyes of many people. But I just wanted to see if I could find a way out with this "small change."
Today is not about stories of getting rich overnight; I just want to share how an ordinary trader gradually operated and eventually turned this 120 into 1 million. Basically, I used the most straightforward method to record those key turning points.
**The Four Initial Bottom Lines**
At the beginning, I realized that for small funds to survive, mindset is the first hurdle. So I set a few strict rules for myself:
Only trade BTC — the market cap is large enough, and the trend is relatively stable. With this small amount of money, opening and closing positions won't affect the price. Altcoins are too volatile; a slight mistake could wipe me out.
Leverage capped at 20x — I previously tried 100x, and when the price moved just 0.5%, my heart started pounding. I couldn't hold the position. The 20x leverage is just right; it can amplify gains without risking liquidation from small fluctuations.
Use only half of the capital each time — with 120 yuan, I only risk 60 yuan per trade, keeping the remaining 60 yuan aside. This is a risk management technique I learned after experiencing several margin calls.
Strictly enforce take profit and stop loss — take profit at 10%, cut losses at 5%. Trade at most twice a day, and regardless of profit or loss, stop trading. It seems simple, but this is the real skill in fighting greed and fear.
The first trade earned 6 yuan, the second broke even. I didn't get greedy and add to winning positions, nor did I regret not making more profit. Like a little squirrel storing food, I accumulated slowly.
**And then the snowball started rolling**
(To be continued)